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Gold price this afternoon, May 29, 2025: Domestic and world gold prices fell to a one-week low when the US court blocked most of Donald Trump's tariffs.

Gold price on the afternoon of May 29, 2025: Domestic gold prices and world gold prices fell sharply to the lowest level in the past week after the US federal court blocked President Donald Trump's reciprocal tax order.

Báo Nghệ AnBáo Nghệ An29/05/2025

Domestic gold price today 5/29/2025

At the time of survey at 4:30 p.m. on May 29, 2025, the domestic gold bar price continued to decrease compared to yesterday. Specifically:

DOJI Group listed the price of SJC gold bars at 115.5-118 million VND/tael (buy - sell), a decrease of 700 thousand VND/tael in both buying and selling directions compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 115.5-118 million VND/tael (buy - sell), a decrease of 700 thousand VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 116.5-118 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 1 million VND/tael for buying and 700 thousand VND/tael for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 115.5-118 million VND/tael (buy - sell), a decrease of 700 thousand VND/tael in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 114.5-118 million VND/tael (buy - sell), gold price decreased 1.2 million VND/tael in buying direction - decreased 700 thousand VND/tael in selling direction compared to yesterday.

Gold price this afternoon, May 29, 2025: Domestic and world gold prices fell to a one-week low when the US court blocked most of Donald Trump's tariffs.

As of 4:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 111-113.3 million VND/tael (buy - sell); the price decreased by 500 thousand VND/tael in the buying direction - decreased by 700 thousand VND/tael in the selling direction compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 113-116 million VND/tael (buy - sell); down 800 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, May 29, 2025 is as follows:

Gold price today
May 29, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
115.5 118
-700 -700
DOJI Group
115.5
118
-700
-700
Red Eyelashes
116.5 118
-1000 -700
PNJ
115.5
118
-700 -700
Vietinbank Gold
118

-700
Bao Tin Minh Chau
115.5
118
-700 -700
Phu Quy 114.5 118
-1200 -700
1. DOJI - Updated: May 29, 2025 16:30 - Time of the source website - ▼/▲ Compared to yesterday.
Domestic gold price Buy Sell
AVPL/SJC HN 115,500 ▼700K 118,000 ▼700K
AVPL/SJC HCM 115,500 ▼700K 118,000 ▼700K
AVPL/SJC DN 115,500 ▼700K 118,000 ▼700K
Raw material 9999 - HN 107,000 ▼500K 110,800 ▼700K
Raw material 999 - HN 106,900 ▼500K 111,070 ▼700K
2. PNJ - Updated: May 29, 2025 16:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
SJC 999.9 gold bar 11,550 11,800
PNJ 999.9 Plain Ring 11,030 11,340
Kim Bao Gold 999.9 11,030 11,340
Gold Phuc Loc Tai 999.9 11,030 11,340
999.9 gold jewelry 11,000 11,250
999 gold jewelry 10,989 11,239
9920 jewelry gold 10,920 11,170
99 gold jewelry 10,898 11,148
750 Gold (18K) 7,703 8,453
585 Gold (14K) 5,846 6,596
416 Gold (10K) 3,945 4,695
PNJ Gold - Phoenix 11,030 11,340
916 Gold (22K) 10,065 10,315
610 Gold (14.6K) 6,128 6,878
650 Gold (15.6K) 6,578 7,328
680 Gold (16.3K) 6,915 7,665
375 Gold (9K) 3,484 4,234
333 Gold (8K) 2,978 3,728
3. SJC - Updated: 5/29/2025 4:30 PM - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 115,500 ▼700K 118,000 ▼700K
SJC gold 5 chi 115,500 ▼700K 118,020 ▼700K
SJC gold 0.5 chi, 1 chi, 2 chi 115,500 ▼700K 118,030 ▼700K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 110,300 ▼1000K 113,300 ▼700K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 110,300 ▼1000K 113,400 ▼700K
Jewelry 99.99% 110,300 ▼1000K 112,700 ▼700K
Jewelry 99% 107,084 ▼693K 111,584 ▼693K
Jewelry 68% 69,893 ▼876K 76,793 ▼476K
Jewelry 41.7% 40,250 ▼691K 47,150 ▼291K

World gold price today May 29, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 p.m. today, Vietnam time, was 3,281.73 USD/ounce. Today's gold price decreased by 37.33 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,210 VND/USD), the world gold price is about 107.57 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 10.57 million VND/tael higher than the international gold price.

Gold prices fell sharply to their lowest in more than a week after a US federal court blocked President Donald Trump’s reciprocal tariffs, reducing the appeal of gold as a safe haven. A stronger US dollar also added to the downward pressure on gold prices.

Specifically, the price of gold decreased by 1.13%, to the lowest level since May 20. Meanwhile, the price of gold futures in the US also decreased by 0.8%, to 3,268.20 USD.

A US trade court has ruled to halt Mr Trump's tariffs, saying the president exceeded his authority by imposing a blanket tax on imports from countries with a trade surplus with the US.

According to Nicholas Frappell, global market expert at ABC Refinery, the US court decision was a major factor in the dollar’s ​​rise, which in turn pushed gold prices down. Earlier, on April 2, Mr. Trump imposed reciprocal tariffs on many countries, raising concerns about a global recession. However, many of these tariffs were suspended a week later.

The U.S. dollar index (.DXY) rose sharply after the court's ruling, making dollar-priced gold more expensive for investors using other currencies. At the same time, U.S. and Asian stock markets also rose. The Trump administration has filed an appeal, challenging the court's jurisdiction and indicating that the case could be taken to the Supreme Court if necessary.

Although gold prices have decreased in the short term, Mr. Frappell said the gold market still has long-term growth prospects because the dollar may weaken and inflationary pressures will remain in the coming time.

Minutes of the US Federal Reserve's May 6-7 meeting showed officials were concerned about the possibility of rising inflation and unemployment, a scenario that would force them to choose between tightening monetary policy to control inflation or cutting interest rates to support economic growth and employment.

Markets are now looking ahead to US GDP data due out later in the day, along with the core personal consumption expenditure (PCE) index for further clues on interest rate trends.

Meanwhile, spot silver prices rose 0.7% to $33.21 an ounce, platinum fell 0.2% to $1,073.15, and palladium edged up 0.9% to $971.57.

Source: https://baonghean.vn/gia-vang-chieu-nay-29-5-2025-gia-vang-domestic-va-the-gioi-giam-ve-day-mot-tuan-khi-toa-an-my-chan-phan-lon-thue-quan-cua-ong-donald-trump-10298485.html


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